Abu Dhabi / WAM Bayanat, a provider of AI-powered geospatial solutions, on Monday reported its preliminary financial results for 2022, reaching AED788 million in revenue, with a net profit of AED202 million for the year. Bayanat’s FY-2022 revenue reached AED788 million compared to AED367 million for the previous year, marking a substantial increase of 115%. The company also reported …

  Dubai / WAM DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – and the Bharat Subcontinent Agri Foundation (BSAF) signed a memorandum of understanding to advance the global agricultural (agri) commodities sector between the UAE and South Asia. The agreement was signed by Ahmed bin Sulayem, Executive Chairman and Chief …

Sharjah / WAM Sharjah Electricity, Water and Gas Authority (Sewa) has completed the connection of electric current to 3,733 projects with a load of up to 628 MVA, after completing inspection procedures and fulfilling all security and safety requirements, and extending feeders to the low and medium voltage networks with a length of 505 km, in Sharjah, 2022. The authority …